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Recast of the EU Regulation on Insolvency Law Applicable as of Today

July 2017 - Finance. Legal Developments by Schönherr.

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The EU Regulation on Insolvency Law 1346/2000 (EIR) was considered a milestone in the cross-border coordination of national insolvency proceedings. The recast of the EU Regulation on Insolvency Law 2015/848, applicable to insolvency proceedings opened after 26 June 2017, considers substantial developments in national insolvency laws. read more...